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Recent papers by Wagner in this journal and Vollebergh et al. in the Journal of Environmental Economics and Management point out some fundamental econometric problems with traditional methods of estimating the environmental Kuznets curve (EKC) and propose alternative approaches that avoid these...
Persistent link: https://www.econbiz.de/10013094360
The exact specification and motivation of the Environmental Kuznets Curve (EKC) is the subject of a vast literature in environmental economics. A remarkably diverse set of econometric approaches has been employed to support or reject a specific relationship between environmental quality and...
Persistent link: https://www.econbiz.de/10014169841
Cross-country estimations of the Environmental Kuznets Curve (EKC) to empirically analyze the relationship between income and pollution have generally assumed a common structure for all countries. Since this latter feature is not supported by economic theory, this paper uses the Random...
Persistent link: https://www.econbiz.de/10012750305
In this paper, we first test the validity of the Environmental Kuznets Curve (EKC) hypothesis, using a large sample of approximately 190 advanced and developing countries, over a period of 34 years (1989- 2022). We find that (CO2) emissions respond positively to increasing income per capita, up...
Persistent link: https://www.econbiz.de/10015374259
The author presents a multi-impact economic valuation framework called the Social Cost of Atmospheric Release (SCAR) that extends the Social Cost of Carbon (SCC) used previously for carbon dioxide (CO2) to a broader range of pollutants and impacts. Values consistently incorporate health and...
Persistent link: https://www.econbiz.de/10010193849
Using a stacked differences-in-differences approach, we study the effects of Low Emission Zones (LEZs) in Germany. The implementation of stage 1 and 2 LEZs, which banned the most pollution-intensive vehicles from city centers, significantly reduced PM10 concentrations. The most restrictive third...
Persistent link: https://www.econbiz.de/10014582278
We present an analysis of the barriers and opportunities for incorporating air quality co-benefits into climate policy assessments. It is well known that many strategies to reduce greenhouse gas emissions also decrease emissions of health-damaging air pollutants and precursor species, including...
Persistent link: https://www.econbiz.de/10014200489
This paper proposes a new approach to examine the relationship between CO2 emissions and economic developing. In particular, we propose to test the Environmental Kuznets Curve (EKC) hypothesis for a panel of 24 OECD countries and 32 non-OECD countries by developing a more flexible estimation...
Persistent link: https://www.econbiz.de/10012388215
This paper investigates the causal effect of the European Union's Emissions Trading Scheme (EU ETS) on pollution abatement investments, relying on firm-level panel data from the French manufacturing industry between 2001 and 2016. First, I find that regulated firms increased their investments...
Persistent link: https://www.econbiz.de/10013240833
In this paper, we explore a variety of models attempting to explain the pollution-income relationship (PIR). There has been much literature addressing the notion of an environmental Kuznets curve (EKC). Many researchers find an EKC relationship for certain pollutants, while others do not find...
Persistent link: https://www.econbiz.de/10014152312